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Peace and Greetings--- "I haven't been around the world, but I've been around a few corners!" I look forward to going around a few more if it is God's Will. Besides my immediate family; my husband, children and grands, my greatest love and concern is for my Nation of People!
Date / Time: 4/14/2009 6:35 AM UTC
Sacramento Business Journal - April 10, 2009 /Business News - Local News Friday, April 10, 2009 Africans in U.S. have purchasing power of $50 billion http://www.bizjournals.com/sacramento/stories/2009/04/06/daily81.html
The African immigrant community in the U.S. is an untapped economic segment, with purchasing power of $50 billion per year, according to a recent study.
The study, commissioned by the United States African Chamber of Commerce, reports there is a wealth of opportunity for businesses that offer products and services that cater to emerging African markets.
Between 1970 and 2000, the share of foreign-born blacks in the overall black population rose nationwide from 1.3 percent to 7.8 percent, according to a release from the chamber.
To foster growth, the USACC has partnered with the United States Hispanic Chamber of Commerce. The two chambers are planning to work together to advance in the areas of education, immigration and economic development.
Washington, D.C.-based USACC is an advocacy organization for U.S.-African relations and emerging African markets. It also is the umbrella organization for African chambers of commerce and professional trade and business associations throughout America and abroad.
Dayton (Ohio) Business Journal http://www.bizjournals.com/sacramento/stories/2009/04/06/daily81.html All contents of this site © American City Business Journals Inc. All rights reserved.
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